The global methanol market will usher in new opportunities
Release time:
2019-08-12
It is reported that John Floren, senior vice president of Canada Methanex and Ben Iosefa, director of the company's energy application department, said recently that energy demand will still be the main driving force for the growth of global methanol demand. Compared with petroleum, the increasing demand for methanol in the energy application industry will increase its competitiveness.
It is reported that John Floren, senior vice president of Canada Methanex and Ben Iosefa, director of the company's energy application department, said recently that energy demand will still be the main driving force for the growth of global methanol demand. Compared with petroleum, the increasing demand for methanol in the energy application industry will increase its competitiveness.
By 2013, the use of methanol in gasoline blending and dimethyl ether (DME) is expected to increase by about 20%/year or higher. Among them, the demand for dimethyl ether as an alternative fuel for diesel is expected to increase from 2.6 million tons/year in 2008 to 2800 tons/year in 2020. On the other hand, new capabilities of dimethyl ether will continue to increase globally. For example, Uzbekistan plans to build a production capacity of 100000 tons/year in 2013, and Indonesia will put into production a new production capacity of 800000 tons/year this year. Other projects include the planned 200000 t/a projects in Egypt and 265000 t/a projects in India.
In China, as of March 2010, the production capacity of dimethyl ether was 670 tons/year, another 600000 tons/year project was under construction, and another 20 million tons/year capacity was planned to be completed by 2020. According to the analysis of Methanex, China is currently leading the promotion of the commercialization of methanol fuel, while other countries are also making rapid progress. Methanol demonstration projects are being carried out in some European and Chinese countries, and application tests are also being carried out in many Asian countries. If Iran will try to use M15 fuel (15% methanol/gasoline mixture), Israel also shows the same interest. PETRONAS Malaysia is carrying out a methanol demonstration project, and Trinidad and Tobago also promised to start the fuel blending program last September
QR code
Fujian Zhongyuan New Energy Co., Ltd
Address: Fuqing Functional Area (Chengtou), Fuzhou New Area
Tel: 86-0591- 86091588
Sales tel: 86-0591-85585959
Fax: 0591-86091599
Zip: 350314